Posted inArcimoto
Arcimoto’s current financial situation: facts and my opinion
I'm an early Arcimoto backer with an early pre-order reservation number of #129. There's a lot that I like about the company's effort to design, manufacture, and sell an innovative electric three-wheeled motorcycle, which they call a FUV (Fun Utility Vehicle). But there's also a lot to be wary about. Notably, initial purchasers of the FUV have to make a bet on two things: (1) the quality of the final design of the FUV that will be used in retail sales (the design isn't finalized yet), and (2) the ability of Arcimoto, a start-up company, to stay in business through…
